TSE SHORT POSITIONS (June 12, 1995)
Short positions outstanding at May 15, 1995.Larger individual positions included: Aber Res. 48,500; Agnico-Eagle 108,080; Asia Pacific 75,000; Baja Gold 71,500; Bema Gold 1,047,100; Breakwater 287,800…
News
U of T honors Barrick Gold’s Peter Munk
The University of Toronto has bestowed an honorary degree on renowned mining executive Peter Munk.The chairman and chief executive officer of Barrick Gold was awarded an honorary doctorate of law duri…
Spot prices at a glance (June 12, 1995)
Wednesday, June 7Week’sPrice (US)ChangeGold*$384.65+$0.40Silver*$5.34+$0.04Platinum*$432.15-$1.95Nickel**$3.51+$0.10Lead**$0.27-$0.01Copper $1.30+$0.01Zinca$0.45-$0.01…
Mill City and MacDonald assess Golden Hill project
An initial drilling program is under way at the Golden Hill project, situated within the 2,000-sq.-km Florencia-Jobabo concession near Camaguey, Cuba.Partners Mill City Gold Mining (VSE) and MacDonald…
Geomaque Explorations set to buy San Francisco gold royalty
Financing for the previously announced purchase of a 50% back-in option and a buy-back of a 3% royalty interest on the San Francisco gold property has been arranged by Geomaque Explorations (TSE).Geom…
Placer Dome increases Equity offer
Parent company Placer Dome (TSE) has raised its offer for all the shares of Equity Silver Mines (TSE) that it does not already own.The major is offering to buy the minority shares for 85 cents, up fro…
Hemlo options Ghanaian ground
Yet another Canadian-based gold producer has begun searching for the yellow metal in West Africa.Hemlo Gold Mines (TSE) is earning a 72% share of Birim Goldfields’ (CDN) 90%-held Dunkwa gold property …
Geomaque resists merger
The management of Geomaque Explorations (TSE) is asking shareholders to resist attempts by Great Lakes Minerals (TSE) to merge the two companies, telling them their share value would drop as a result….
Eagle River nears production
At the annual meeting of River Gold Mines (TSE), shareholders were told that bringing the Eagle River gold project into production is the company’s top priority.”We have signed a lease agreement for t…
Problems plague B.C.’s mining industry
Premier Michael Harcourt concluded British Columbia’s annual Mining Week by releasing “commitment statements” from the province’s Advisory Council on Mining.The government-sponsored council is represe…
Goldnev, Starcore to drill property near Voisey Bay
While most juniors with ground in the Voisey Bay region of Labrador are still struggling to arrange field programs, two Vancouver-based companies have already completed the initial assessment on their…
Zappa completes drilling at Papa Grande
A diamond drilling program by Zappa Resources (VSE) has encountered low-grade gold mineralization on the Papa Grande concession in the Ponce Enriquez district of southwestern Ecuador.A hydrothermal br…